Living in Delaware, Indiana

Cost of living, income, home prices, rent and demographics of Delaware · Census data 2020–2024

Delaware has 489 residents with a median age of 59.1. The median household income is $64,167 (11% lower than the Indiana median), the median home value is $206,500.

Delaware is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Delaware at a glance

Population
489
Median age
59.1State: 38.1
Median household income
$64,167State: $71,957
Median home value
$206,500State: $218,200
Homeowners
100%
Bachelor's degree or higher
7%
Average commute
24 min

Is Delaware a good place to live?

Pros: Home values 5% lower than the state median; an average commute of 24 minutes; a poverty rate of 8.6%.

Cons: Median household income 11% lower than the Indiana median.

The weather is best in June to September.

Cost of living in Delaware

Housing is the biggest part of the cost of living. In Delaware the median home value is $206,500, 38% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,709 a month in housing costs.

Median home value

Delaware$206,500
Indiana$218,200
United States$332,700

Median monthly rent

Indiana$1,062
United States$1,413

Delaware median household income

The median household income in Delaware is $64,167 and the income per person is $36,319. 8.6% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Delaware$64,167
Indiana$71,957
United States$80,734

Housing in Delaware: homes for sale and rent

Housing units
174
Owner-occupied
100%
Renter-occupied
0%
Vacant
0%Includes seasonal homes
Median year built
1948
Average household size
2.81

Delaware demographics

Population
489
Median age
59.1
Under 18
9.6%
65 and older
28.2%
Households
174
Foreign-born
0%
Veterans
13.6%Adults 18+

Race and ethnicity

White100%
Hispanic or Latino8.6%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Delaware ›

Education in Delaware

7% of adults 25 and older in Delaware have a bachelor's degree or higher (Indiana: 29.5%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Delaware7%
Indiana29.5%
United States35.7%

Jobs and commute in Delaware

Unemployment rate
0%State: 4.3%
Average commute
24 minState: 24 min
Work from home
22.5%
Drive alone
53.9%
Public transit
0%
Walk to work
0%
Homes with broadband
93.7%

Delaware vs nearby towns

TownPopulationMedian incomeHome valueRent
Delaware489$64,167$206,500—
Osgood1,637$52,625$149,800$865
Milan1,942$59,286$157,400$755
Versailles2,037$45,758$169,200$757
Moores Hill629$68,750$143,800$1,192
Napoleon205$63,125$162,500$603
Sunman1,247$73,413$194,500$916
Morris587$65,296$224,100—
Batesville7,282$62,292$225,400$847

More for people moving to Delaware

Delaware ZIP code ›Weather and climate ›

Living in Delaware: FAQ

What is the median household income in Delaware, IN?

The median household income in Delaware is $64,167, 11% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Delaware?

The median home value in Delaware is $206,500, compared with $218,200 in Indiana.

Is Delaware, IN a good place to live?

Pluses: home values 5% lower than the state median; an average commute of 24 minutes; a poverty rate of 8.6%. Minuses: median household income 11% lower than the Indiana median.

What is the median age in Delaware?

The median age in Delaware is 59.1 years (Indiana: 38.1).

How long is the commute in Delaware?

The average commute to work in Delaware is 24 minutes; 22.5% of workers work from home.

What is the unemployment rate in Delaware?

The unemployment rate in Delaware is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Delaware?

7% of adults in Delaware have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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